
7/6/23 Ryan McMaken: Where in the Boom-Bust Cycle Are We?
Scott Horton Show - Just the Interviews
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The Importance of Job Data in the Inflationary Recession
The jobs data, if you just look at something other than this headline that the administration likes to use is just not great. You've been actually getting poor if you have average wages for the last more than two years 26 months. The federal government puts out data on this, but they never mention it when they put out their jobs data. And so I highly recommend people look beyond that and get a more nuanced view of what the jobs data says.
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